Finance

Greater Minnesota Housing Fund has a family of funds to meet all of your financing needs.

A photo of Heritage Greens Townhouses, a property we helped finance.

As a certified Community Development Financial Institution (CDFI), Greater Minnesota Housing Fund assembles financial resources and tools that support the creation of safe, decent, and affordable housing for low- and moderate-income families and historically underserved emerging market households throughout Greater Minnesota.

Access to capital is what makes the creation and preservation of affordable housing possible. Since its work began in 1996, Greater Minnesota Housing Fund has awarded more than $270 million in financial support to high priority affordable housing developments.

As the leading affordable housing Community Development Financial Institution (CDFI) in Minnesota, GMHF helps communities and developers promote the creation of well-planned, mixed-income neighborhoods through the following types of support:

GMHF offers the following types of loans:

Interim Financing: GMHF provides loans such as predevelopment, acquisition, construction, and other similar types of short-term loans for the preservation and construction of affordable housing. Learn more about Interim Financing.

Technical Assistance

In addition to providing low-interest financing for affordable housing, GMHF offers technical assistance to help government agencies and developers with their low-income housing planning and implementation needs.

Take Your Next Step

If you’re interested in learning more about GMHF financing and support for creating and preserving affordable housing in Minnesota, please fill out the financing inquiry form or call GMHF at 651-221-1997 for more information.

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Equipped to advise you

Whether you're ready to investigate financing options, or are in the early planning stages, Greater Minnesota Housing Fund can provide the technical assistance needed to get your idea off the ground. Learn more.